Ironshore, the Bermuda-based insurer, has reached an agreement to acquire the remaining 80 percent equity interest in privately-held insurance holding company Lexon Surety Group, and its surety-related affiliates. 11 April 2016
Bermuda-based reinsurance group Argo has appointed Craig Landi as president of Argo Pro US, reporting to Steve McGill, group head of professional lines. 11 April 2016
According to the latest Catastrophe Bond Report by Verisk Insurance Solutions, insurers and reinsurers issued approximately $2 billion in catastrophe bonds in the first quarter of 2016, up 35 percent from last year’s record result. 8 April 2016
Bradley Kading, president of the Association of Bermuda Insurers and Reinsurers (ABIR), recommended that the National Association of Insurance Commissioners’ (NAIC) to focus on six specific US National Flood Insurance reforms. 7 April 2016
Bermuda-based insurer Ironshore has announced that Antares Syndicate 1274 at Lloyd’s will join as a subscribing insurer for Iron-Starr Excess Agency. 7 April 2016
Bermuda's Business Development Agency (BDA) has defended the reputation of the island as an offshore financial centre in the wake of the recent 'Panama Papers' leak that claim international tax evasion on the part of governments and individuals. 6 April 2016
Hamilton Underwriting, the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, has appointed Miles Osorio as head of property direct and facultative (D&F). 5 April 2016
